FourThought Financial Partners LLC Acquires New Position in VanEck Semiconductor ETF (NASDAQ:SMH)

FourThought Financial Partners LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 1,787 shares of the company’s stock, valued at approximately $433,000.

Other hedge funds have also made changes to their positions in the company. FMR LLC lifted its holdings in shares of VanEck Semiconductor ETF by 7.2% in the 3rd quarter. FMR LLC now owns 19,264 shares of the company’s stock worth $4,728,000 after acquiring an additional 1,297 shares during the last quarter. Savant Capital LLC acquired a new stake in VanEck Semiconductor ETF during the 4th quarter worth approximately $403,000. JPMorgan Chase & Co. raised its holdings in shares of VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $418,000. Finally, GAMMA Investing LLC raised its holdings in shares of VanEck Semiconductor ETF by 180.0% in the 4th quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock valued at $85,000 after purchasing an additional 225 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 2.1 %

Shares of SMH opened at $238.25 on Wednesday. The firm’s fifty day simple moving average is $249.36 and its 200-day simple moving average is $246.11. The firm has a market capitalization of $22.56 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $198.44 and a twelve month high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given a dividend of $1.0713 per share. The ex-dividend date of this dividend was Monday, December 23rd.

VanEck Semiconductor ETF Profile

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.